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NeXGold Mining Corp NXGCF


Primary Symbol: V.NEXG

NexGold Mining Corp. (NexGold) is a gold-focused company with assets in Canada. The Company’s Goliath Gold Complex, which includes the Goliath, Goldlund and Miller deposits, is located in Northwestern Ontario. The Goliath Gold Complex refers to a prospective 65 kilometers (km) trend in approximately 330 square kilometers (km2) land package comprised of three distinct projects located within the Wabigoon-Greenstone belt in the Dryden-Sioux Lookout Area of northwestern Ontario. NexGold also owns several other projects throughout Canada, including the Weebigee-Sandy Lake Gold Project JV, and grassroots gold exploration property Gold Rock. In addition, NexGold holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver volcanogenic massive sulfide ore (VMS) project, located adjacent to tidewater in southeast Alaska, as well as five Hyder Area gold-silver and base metal properties in southeast Alaska.


TSXV:NEXG - Post by User

Post by MarketMakersson Sep 19, 2024 5:55pm
47 Views
Post# 36232021

Juniors Trading at Attractive Valuations Amid Gold's Surge

Juniors Trading at Attractive Valuations Amid Gold's Surge While gold prices soar and continue to reach all-time highs, junior mining companies are still trading at attractive valuations, offering significant upside potential as the disconnect between gold's rally and the performance of junior miners presents a window to capitalize before the market catches on.
 
As the demand for gold continues to rise, particularly in uncertain economic times, Canada's next mid-tier gold producer that's backed by big mining names including Frank Giustra, is poised for substantial gains: https://x.com/StckMasterFlash/status/1836515892886380860
 
Advancing toward production, NexGold Mining (NEXG.v NXGCF) is forecast to produce 116,000 ounces of gold annually over its first seven years, with a NPV of $652 million and an internal rate of return (IRR) of 41.5%. At a gold price of $2,150/oz (currently, gold is at $2,600)
 
Posted on Behalf of NexGold Mining Corp.

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